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Tag: coal
Solar is now cheaper than coal, says India energy minister
2016-04-18 16:52:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: India is on track to soar past a goal to deploy more than 100 gigawatts of solar power by 2022, the countrys energy minister Piyush Goyal said on Monday. Speaking at the release of a 15-point action plan for the countrys renewable sector, Goyal said he was now considering looking at something more for the fast growing solar sector. I think a new coal plant would give you costlier power than a solar plant, he said. Of course there are challenges of 24/7 power. We accept all of that...
Tags: energy
india
minister
solar
First Coal, Now Offshore Drilling?
2016-04-16 00:07:10| Chemicals - Topix.net
This has happened before - with coal. Strict regulations led to the closing of coal-fired plants and put immense pressure on the industry.
Analysts Blame Natural Gas, Not 'War On Coal,' for Peabody's Demise
2016-04-15 15:40:00| Climate Ark Climate Change & Global Warming Newsfeed
Inside Climate News: Peabody Energy Corp. filed for bankruptcy yesterday amid falling coal and gas prices and costly federal regulations. Cheap and plentiful natural gas, as well as an oversupplied market of inexpensive coal -- not environmental regulations -- are the primary forces behind Peabody Energy Corp.'s bankruptcy and others in the U.S. coal industry, a wide range of financial experts said. Peabody, the largest coal company in the country, filed for Chapter 11 protection yesterday. Its demise comes on...
World Largest Wealth Fund Drops 52 Companies Linked to Coal
2016-04-15 14:53:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Nexus: Norways sovereign wealth fund sold shares worth $2.3 billion in 52 coal-dependent companies, the countrys central bank announced Thursday. Greenpeace estimates that this was the single biggest divestment from coal yet and media called the move a sign of the growing influence investors wield in the fight against climate change. The fund, worth $836 billion and currently the largest in the world, pledged in June to divest from companies that make 30 percent or more of their revenue from coal....
Tags: world
companies
largest
fund
SunCoke Energy, Inc. Divests Coal Mining Business To Revelation Energy
2016-04-15 06:43:42| econline Home Page
SunCoke Energy, Inc. (NYSE: SXC) has divested its coal mining business to Revelation Energy, LLC in a transaction that includes substantially all of SXC’s remaining coal mining assets, mineral leases, real estate and mining reclamation costs. Under the terms of the deal, which closed April 6, Revelation Energy will receive approximately $10.3 million from SXC to take ownership of the assets and associated costs. In conjunction with the transaction, Revelation Energy and SunCoke’s Jewell
Tags: business
energy
mining
coal
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